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The toDecimal function, also known as hexToNumber, is a utility method provided by the web3.utils module that takes a string representation of a number in hexadecimal format and returns its decimal representation.
The toDecimal function takes a single value argument, which is a string representing a number in hexadecimal format.
The function returns a number or bigint representing the decimal representation of the input hexadecimal string.
Here's an example of how the toDecimal function can be used:
In this example, the toDecimal function is called with a hexadecimal string, and it returns the decimal representation of that string, which is a number that represents the hexadecimal value.